Farmers & Merchants Investments Inc. Has $11.70 Million Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Farmers & Merchants Investments Inc. increased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.2% during the third quarter, Holdings Channel reports. The firm owned 122,166 shares of the company’s stock after acquiring an additional 9,256 shares during the period. Farmers & Merchants Investments Inc.’s holdings in iShares S&P 500 Growth ETF were worth $11,697,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVW. Inspire Advisors LLC raised its stake in iShares S&P 500 Growth ETF by 4.4% during the third quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock worth $249,000 after acquiring an additional 109 shares in the last quarter. Annex Advisory Services LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 2.7% during the second quarter. Annex Advisory Services LLC now owns 4,165 shares of the company’s stock valued at $385,000 after purchasing an additional 110 shares in the last quarter. Massmutual Trust Co. FSB ADV increased its stake in shares of iShares S&P 500 Growth ETF by 10.0% in the second quarter. Massmutual Trust Co. FSB ADV now owns 1,320 shares of the company’s stock valued at $122,000 after buying an additional 120 shares during the period. Texas Capital Bancshares Inc TX raised its holdings in iShares S&P 500 Growth ETF by 4.1% in the 1st quarter. Texas Capital Bancshares Inc TX now owns 3,102 shares of the company’s stock valued at $262,000 after buying an additional 122 shares during the last quarter. Finally, Processus Wealth & Capital Management LLC grew its holdings in iShares S&P 500 Growth ETF by 1.0% during the 2nd quarter. Processus Wealth & Capital Management LLC now owns 12,423 shares of the company’s stock worth $1,150,000 after acquiring an additional 122 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW traded up $0.08 during mid-day trading on Tuesday, reaching $97.74. 74,664 shares of the company’s stock were exchanged, compared to its average volume of 2,925,587. iShares S&P 500 Growth ETF has a twelve month low of $65.98 and a twelve month high of $98.41. The firm has a market capitalization of $51.21 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business’s fifty day moving average price is $94.44 and its 200-day moving average price is $90.72.

iShares S&P 500 Growth ETF Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market.